Tag: Resistance levels

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AUDCAD Forecast: Bullish Momentum Continues – Action Forex

AUDCAD saw a strong rebound on Tuesday, surpassing the key resistance level of 0.9125. The pair is currently trading above a previous upward channel...
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S&P 500 Technical Analysis: Path of Least Resistance to Upside

Last week, we received some positive news as both the CPI and PPI numbers came in lower than expected. This news is likely to...
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Oil Prices Struggle to Reach $80 Amid Strong Resistance

Oil prices have been experiencing some fluctuations recently, with no major news driving prices up. Traders are closely monitoring how the shift towards Electric...
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NZD/USD Price Analysis: Bulls Battle as Consolidation Intensifies

The NZD/USD pair has been stabilizing near the 20-day Simple Moving Average (SMA) of 0.6140 after a dip to a low of 0.6115. Bulls...

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Decoding Target’s Trade Imports Data: The Real Story Behind Earnings Miss

Target, one of the most popular retail stores, recently faced its biggest earnings miss in two years, leading to a significant drop in its...